John Kinnucan, an Oregon-based research analyst, is accused of swapping corporate secrets with hedge funds for cash.

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DealBook: John Kinnucan, Critic of U.S. Trading Inquiry, Is Charged With Insider Trading

Michael Kimelman could have avoided prison by accepting a plea deal, but was convicted as part of a Galleon Group insider-trading circle and sentenced to two and a half years.

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DealBook: Caught in a Wide Web, a Trader Faces Prison

In the crackdown on insider trading, the ambiguity of the law is an asset — and anyone who consistently beats the market is a suspect.

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In the Insider Trading War, Market-Beaters Beware

Sept. 20 (Bloomberg) — U.S. regulators filed a lawsuit alleging insider trading in Global Industries Ltd. days before the U.S. company agreed to a $937 million takeover by Technip SA, Europe’s second-biggest oil services company. The complaint by the U.S. Securities and Exchange Commission alleges that on Sept. 8 and 9 “unknown purchasers” bought 685,840 shares of Global Industries common stock through an account in the name of Raiffeisen Bank International AG Vienna, Austria, at $5.14 to $5.39 a share. Read full article > >

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SEC files lawsuit alleging insider trading in Global Industries, Technip deal

A former Moody’s analyst has been ordered to pay $34.6 million for his role in an insider trading scheme, the Securities and Exchange Commission said Wednesday. Deep Shah was charged in 2009 with participating in a scheme that included Galleon Management and its founder, hedge fund billionaire Raj Rajaratnam. Shah allegedly provided confidential information about corporate acquisitions, including Blackstone Group’s 2007 purchase of Hilton Hotels. Shah is believed to be in India and has not responded to the SEC’s civil complaint, the agency said. A federal judge issued a default judgment against him Tuesday. The $34.6 million includes a penalty of $24.6 million and $8.2 million to cover his ill-gotten gains along with those of others who profited from his tips, the SEC said. Read full article > >

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Fugitive analyst told to pay $34.6 million

Court filings by Raj Rajaratnam and federal prosecutors put forth dueling views about just how serious the crime of insider trading is and what is an appropriate punishment.

Link:
DealBook: How Serious a Crime Is Insider Trading?

A federal enforcement case stemming from a long-ago accounting scandal has ended in a fizzle. It began with a bang. In 2003, the Securities and Exchange Commission charged that a former Waste Management executive engaged in insider trading by selling company stock before the company had disclosed financial weaknesses. Read full article > >

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SEC settles insider-trading case with ex-chief of Waste Management

The insider trading case against Raj Rajaratnam stemmed from an investigation that began well before the crimes were committed, and that made all the difference.

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High & Low Finance: For Prosecutors, the Case That Got a Head Start on the Crime

The use of hardball tactics has gotten Wall Street’s attention, but whether it will permanently change the culture is debatable.

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DealBook: Prosecutors Hope for Deterrent Effect

Raj Rajaratnam, the billionaire chief of the Galleon Group hedge fund, is the most prominent figure convicted in the government crackdown on Wall Street insider trading.

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DealBook: Galleon Fund Chief Guilty in Insider Case

After presenting secretly recorded telephone conversations between Raj Rajaratnam and his supposed accomplices, the government rested its case against him.

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DealBook: Prosecution Rests Its Case in Galleon Trial

A lawyer who has worked for three of the nation’s leading corporate law firms was arrested Wednesday and charged with participating in an insider trading scheme that allegedly netted tens of millions of dollars based on confidential information about pending mergers and acquisitions.

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Lawyer charged in multimillion-dollar insider trading scheme

A former lawyer in Wilson Sonsini’s M.&A. department, who previously worked at Cravath and Skadden Arps, is accused of working with a trader to profit from information on deals the law firms were working on.

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DealBook: Two Charged in Insider Trading Scheme Linked to Law Firms

The Goldman Sachs chief executive tells jurors that September 2008 was “a dangerous time” that “made us nervous.”

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DealBook: Blankfein Describes Financial Crisis Board Meetings at Galleon Trial

Prosecutors focus on three conversations that Raj Rajaratnam had with cooperating witnesses who have pleaded guilty to insider trading.

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DealBook: Galleon Jurors Hear Tapes